OntarioBill 34Royal Assent
Bill 34: MPP Pension and Compensation Act, 2025
Sponsor: Bethlenfalvy, Hon. Peter Minister of FinanceIntroduced May 29, 2025Last checked August 28, 2026
Read the official text on ola.orgOfficial version — Legislative Assembly of Ontario
What this bill does
This Ontario bill reinstates pensions for Members of Provincial Parliament (MPPs) by enrolling them in the Public Service Pension Plan and establishing a supplemental pension plan, while also lifting the salary freeze that has been in place since 2009 and adding a salary premium for the Government House Leader.
Plain-language summary by Legisail.
Business impact
Tax
This bill primarily affects Ontario's provincial government operations and MPP compensation rather than private businesses directly. However, Ontario taxpayers and businesses indirectly bear the cost, as all employer pension contributions and allowances are charged to the Consolidated Revenue Fund (public treasury). The bill does not impose new regulatory requirements on private-sector employers, but it could influence public sector compensation benchmarks. Businesses that interact with government procurement or public-sector wage negotiations may see indirect effects if this signals broader compensation trend changes in Ontario's public sector.
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Where this bill is
First ReadingMay 29, 2025
Second ReadingMay 29, 2025
Third ReadingMay 29, 2025
Royal AssentMay 29, 2025
Now law — awaiting coming into force
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